There Is Clear Momentum For Microvast Holdings Inc (NASDAQ: MVST)

Microvast Holdings Inc (MVST) concluded trading on Thursday at a closing price of $1.50, with 3.57 million shares of worth about $5.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 459.08% during that period and on March 06, 2025 the price saw a loss of about -3.85%. Currently the company’s common shares owned by public are about 322.13M shares, out of which, 193.35M shares are available for trading.

Stock saw a price change of -10.18% in past 5 days and over the past one month there was a price change of -11.24%. Year-to-date (YTD), MVST shares are showing a performance of -27.54% which increased to 92.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.15 but also hit the highest price of $2.87 during that period. The average intraday trading volume for Microvast Holdings Inc shares is 12.01 million. The stock is currently trading -16.69% below its 20-day simple moving average (SMA20), while that difference is down -22.34% for SMA50 and it goes to 84.85% higher than SMA200.

Microvast Holdings Inc (NASDAQ: MVST) currently have 322.13M outstanding shares and institutions hold larger chunk of about 8.91% of that.

The stock has a current market capitalization of $485.84M and its 3Y-monthly beta is at 2.48. It has posted earnings per share of -$0.37 in the same period. It has Quick Ratio of 0.83 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MVST, volatility over the week remained 10.40% while standing at 10.37% over the month.

Stock’s fiscal year EPS is expected to drop by -103.85% while it is estimated to increase by 113.21% in next year.

Coverage by Cantor Fitzgerald stated Microvast Holdings Inc (MVST) stock as an Overweight in their note to investors on November 29, 2023, suggesting a price target of $8 for the stock. On August 31, 2023, Janney Initiated their recommendations, while on April 03, 2023, H.C. Wainwright Initiated their ratings for the stock with a price target of $8. Stock get an Outperform rating from Oppenheimer on August 19, 2022.

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